[ING FUNDS LOGO]
(h)(1)(vii)
April 28, 2006
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Senior Vice President
ING Funds Services, LLC
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇
▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
Dear ▇▇. ▇▇▇▇▇:
Pursuant to the Administrative Services Agreement dated November 19, 2003,
as amended, between ING Partners, Inc. and ING Funds Services, LLC (the
"Agreement") we hereby notify you of our intention to (1) retain you as
Administrator to render administrative and other services to ING UBS U.S. Small
Cap Growth Portfolio and ING Columbia Small Cap Value II Portfolio, two newly
established series of ING Partners, Inc. (the "New Series"), and (2) modify the
annual administrative services fees for ING JPMorgan Mid Cap Value Portfolio and
ING ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Portfolio, effective April 28, 2006, upon all of the
terms and conditions set forth in the Agreement. Upon your acceptance, the
Agreement will be modified to give effect to the foregoing by amending the
AMENDED SCHEDULE A and AMENDED SCHEDULE B of the Agreement. The AMENDED SCHEDULE
A and AMENDED SCHEDULE B are attached hereto.
AMENDED SCHEDULE A and AMENDED SCHEDULE B have also been updated to reflect
name changes of ING American Century Small Cap Value Portfolio to ING American
Century Small-Mid Cap Value Portfolio, ING ▇▇▇▇▇▇▇ ▇▇▇▇▇(R) Core Equity
Portfolio to ING ▇▇▇▇▇▇▇ ▇▇▇▇▇(R) Structured Equity Portfolio, ING JPMorgan
▇▇▇▇▇▇▇ International Portfolio to ING JPMorgan International Portfolio, ING
Salomon Brothers Aggressive Growth Portfolio to ING ▇▇▇▇ ▇▇▇▇▇ Partners
Aggressive Growth Portfolio, and ING Salomon Brothers Large Cap Growth Portfolio
to ING ▇▇▇▇ ▇▇▇▇▇ Partners Large Cap Growth Portfolio.
Please signify your acceptance (1) to act as Administrator under the
Agreement with respect to the aforementioned New Series, and (2) to the modified
administrative services fees, by signing below where indicated.
Very sincerely,
/s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇
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▇▇▇▇▇▇ ▇. ▇▇▇▇
Executive Vice President
ING Partners, Inc.
ACCEPTED AND AGREED TO:
ING Funds Services, LLC
By: /s/ ▇▇▇▇ ▇▇▇▇▇
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▇▇▇▇ ▇▇▇▇▇
Senior Vice President
▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇. Tel: ▇▇▇-▇▇▇-▇▇▇▇ ING Partners, Inc.
Scottsdale, AZ ▇▇▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇▇
▇▇▇.▇▇▇▇▇▇▇▇.▇▇▇
AMENDED SCHEDULE A
SERIES OF ING PARTNERS, INC.
ING American Century Large Company Value Portfolio
ING American Century Select Portfolio
ING American Century Small-Mid Cap Value Portfolio
ING Baron Asset Portfolio
ING Baron Small Cap Growth Portfolio
ING Columbia Small Cap Value II Portfolio
ING ▇▇▇▇▇ Venture Value Portfolio
ING Fidelity(R) VIP Contrafund(R) Portfolio
ING Fidelity(R) VIP Equity-Income Portfolio
ING Fidelity(R) VIP Growth Portfolio
ING Fidelity(R) VIP Mid Cap Portfolio
ING Fundamental Research Portfolio
ING ▇▇▇▇▇▇▇ ▇▇▇▇▇(R) Capital Growth Portfolio
ING ▇▇▇▇▇▇▇ ▇▇▇▇▇(R) Structured Equity Portfolio
ING JPMorgan International Portfolio
ING JPMorgan Mid Cap Value Portfolio
ING ▇▇▇▇ ▇▇▇▇▇ Partners Aggressive Growth Portfolio
ING ▇▇▇▇ ▇▇▇▇▇ Partners Large Cap Growth Portfolio
ING Lord ▇▇▇▇▇▇ U.S. Government Securities Portfolio
ING MFS Capital Opportunities Portfolio
ING ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Partners Portfolio
ING ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Regency Portfolio
ING OpCap Balanced Value Portfolio
ING ▇▇▇▇▇▇▇▇▇▇▇ Global Portfolio
ING ▇▇▇▇▇▇▇▇▇▇▇ Strategic Income Portfolio
ING PIMCO Total Return Portfolio
ING Pioneer High Yield Portfolio
ING Solution 2015 Portfolio
ING Solution 2025 Portfolio
ING Solution 2035 Portfolio
ING Solution 2045 Portfolio
ING Solution Income Portfolio
ING ▇. ▇▇▇▇ Price Diversified Mid Cap Growth Portfolio
ING ▇. ▇▇▇▇ Price Growth Equity Portfolio
ING ▇▇▇▇▇▇▇▇▇ Foreign Equity Portfolio
ING UBS U.S. Large Cap Equity Portfolio
ING UBS U.S. Small Cap Growth Portfolio
ING ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Portfolio
ING ▇▇▇ ▇▇▇▇▇▇ Equity and Income Portfolio
AMENDED SCHEDULE B
ADMINISTRATIVE SERVICES FEES
SERIES FEES
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ING American Century Large Company Value Portfolio 0.20%
ING American Century Select Portfolio 0.02%
ING American Century Small-Mid Cap Value Portfolio 0.25%
ING Baron Asset Portfolio 0.10%
ING Baron Small Cap Growth Portfolio 0.23%
ING Columbia Small Cap Value II Portfolio 0.10%
ING ▇▇▇▇▇ Venture Value Portfolio 0.10%
ING Fidelity(R) VIP Contrafund(R) Portfolio 0.05% while Series invested in Master
0.15% for Stand-alone Series
ING Fidelity(R) VIP Equity-Income Portfolio 0.05% while Series invested in Master
0.15% for Stand-alone Series
ING Fidelity(R) VIP Growth Portfolio 0.05% while Series invested in Master
0.15% for Stand-alone Series
ING Fidelity(R) VIP Mid Cap Portfolio 0.05% while Series invested in Master
0.17% for Stand-alone Series
ING Fundamental Research Portfolio 0.20%
ING ▇▇▇▇▇▇▇ ▇▇▇▇▇(R) Capital Growth Portfolio 0.10%
ING ▇▇▇▇▇▇▇ ▇▇▇▇▇(R) Structured Equity Portfolio 0.20%
ING JPMorgan International Portfolio 0.20%
ING JPMorgan Mid Cap Value Portfolio 0.25%
ING ▇▇▇▇ ▇▇▇▇▇ Partners Aggressive Growth Portfolio 0.13%
ING ▇▇▇▇ ▇▇▇▇▇ Partners Large Cap Growth Portfolio 0.20%
ING Lord ▇▇▇▇▇▇ U.S. Government Securities Portfolio 0.10%
ING MFS Capital Opportunities Portfolio 0.25%
SERIES FEES
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ING ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Partners Portfolio 0.10%
ING ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Regency Portfolio 0.10%
ING OpCap Balanced Value Portfolio 0.20%
ING ▇▇▇▇▇▇▇▇▇▇▇ Global Portfolio 0.06%
ING ▇▇▇▇▇▇▇▇▇▇▇ Strategic Income Portfolio 0.04%
ING PIMCO Total Return Portfolio 0.25%
ING Pioneer High Yield Portfolio 0.10%
ING Solution 2015 Portfolio 0.02%
ING Solution 2025 Portfolio 0.02%
ING Solution 2035 Portfolio 0.02%
ING Solution 2045 Portfolio 0.02%
ING Solution Income Portfolio 0.02%
ING ▇. ▇▇▇▇ Price Diversified Mid Cap Growth Portfolio 0.02%
ING ▇. ▇▇▇▇ Price Growth Equity Portfolio 0.15%
ING ▇▇▇▇▇▇▇▇▇ Foreign Equity Portfolio 0.10%
ING UBS U.S. Large Cap Equity Portfolio 0.15%
ING UBS U.S. Small Cap Growth Portfolio 0.10%
▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Portfolio 0.25%
ING ▇▇▇ ▇▇▇▇▇▇ Equity and Income Portfolio 0.02%